He gave a figure! How much will the July raise for civil servants and retirees be?

In the first four months of the year, the inflation difference was 3.23 percent. Memur-Sen Chairman Ali Yalçın said that the inflation difference would reach 10 percent at the end of 6 months. He stated that with the raise rate determined in the collective bargaining agreement, the July raise for civil servants and retired civil servants would reach 20 percent. However, he said that what is important is to bring inflation under control.

Speaking to Sibel Can from NTV, Yalçın assessed, "Our expectation is for inflation to be brought down because this increase does not increase our purchasing power. It looks like it is increasing what is in our pockets, but in reality, our purchasing power is falling."

HOW MUCH OF A RAISE WILL WORKER AND BAĞ-KUR RETIREES RECEIVE?

In the first 4 months of the year, inflation was 18.72 percent. With the addition of May and June inflation to this, the raise rates will become clear.

In the Central Bank's April Market Participants Survey, the inflation forecast was 3 percent for May and 2.54 percent for June.

If these forecasts come true, the first 6-month inflation will be 25 percent, which means that SSK and Bağ-Kur retirees will receive a raise at this rate.

News Source: 12punto